I would like to invite you to a Brexit webcast we are holding on Monday 26 November at 14:00 UK time. Our Brexit experts will give their insights into the current status of the Brexit process, provide reactions to the announcements at the EU Summit this weekend and discuss how businesses can prepare for Brexit. Please see the relevant details below. Continue reading
I am pleased to invite you to the next Global ITX webcast. Brexit has the potential to create some significant changes to the UK-EU border and how businesses engage with it.
The Customs and International Trade specialists, Matthew Clark, Claudia Buysing-Damste and Simeon Probst will discuss what ‘no regret’ actions businesses can take now to prepare for Brexit. Continue reading
Date: Monday, 16 July 2018
Time: 3pm CET
Trade wars, protectionism, Brexit: how do you plan for an increase in tariffs while keeping goods moving smoothly across borders? Continue reading
Although the EU VAT regime will remain in place until negotiations between the UK and the EU will be concluded, it is most likely that new UK VAT legislation will come into force in the spring of 2019. It seems you have enough time, but I highly recommend to anticipate on these law changes as soon as possible.
Marc van Rijbroek – indirect tax expert at PwC Continue reading
Following our EU referendum webcast that attracted over 14,000 viewers, we are delighted to invite you to attend our next webcast in this series.
Our PwC experts will be highlighting the main themes we are hearing from clients since the decision was made to leave the EU. They will also cover the key issues businesses are now considering and the positive steps they can take to address them, both in the short and long term. Continue reading
“History has taught us that UK business is adaptable and innovative when confronted with new challenges and opportunities. There will be significant uncertainty over the coming months as the detailed political and legal issues are worked out, and business confidence may be impacted. PwC is committed to helping its clients as they adapt to new market conditions and opportunities.”
Statement from Ian Powell, Chairman and Senior Partner of PwC regarding the UK’s decision to leave the EU.
What might the implications of Great Britain’s vote to leave be from a VAT perspective?
As the UK must give the European Council notice of intention to withdraw, there is likely to be a period where current law applies, both EU and UK law whilst a Brexit agreement is negotiated. All treaties would cease to apply from entry into force of the withdrawal agreement, or two years from the date of notice. We do not expect a considerable change for at least 2 years.
Which areas of VAT law might change in a UK free from the EU VAT directive?
In the short term at least, it is unlikely that the UK government will rip up VAT law – VAT accounts for >20% of UK tax revenues, is a relatively stable, understood tax – and thereforewholesale changes are unlikely. Continue reading